Government Investment Unit of Indonesia
The Government Investment Unit of Indonesia, also called Pusat Investasi Pemerintah (PIP), is a sovereign wealth fund managed by Indonesia’s Ministry of Finance. It started in 2006 with about $340 million and invests in stocks, bonds, infrastructure, and direct projects. Its goals are to support macroeconomic stability, promote economic growth, and increase government investments, hoping to follow the examples of Singapore’s Temasek and Malaysia’s Khazanah Nasional.
In 2009, Ant Global Partners Pte Ltd, a private equity firm linked to Norinchukin Bank of Japan, planned to raise a $250 million clean-technology fund over three years to back water treatment and renewable projects in Indonesia, with the Indonesia Finance Ministry and the GIU taking a 10% stake.
In January 2010, the GIU pledged $100 million to the Indonesian Green Investment Fund, which it would oversee. This fund focuses on renewable energy and water treatment to address climate change, inspired by the 2009 clean-technology fund.
In December 2011, the GIU invested in the State Electricity Company.
This page was last edited on 2 February 2026, at 23:36 (CET).